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Over 19K Illinois workers were part of mass layoffs in 2023. These companies let people go

Several metro-east companies were among those with layoffs last year. ....

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Catalog Retailer Closes In On $97M In Ch. 11 Sales

Bankrupt catalog retailer AmeriMark Interactive LLC told a Delaware federal judge Tuesday that it had a successful auction that resulted in a pair of transactions valued at around $97 million and that it was finalizing asset purchase agreements with the winning bidders. ....

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US corporations are filing for bankruptcy at the fastest pace since 2010 -- Puppet Masters -- Sott.net

One would not know it from looking at the S&P which just hit a 2023 high, but there is a bit of a bankruptcy crisis sweeping the US where companies are filing for bankruptcy at the fastest pace in 13 years, in a clear sign of a tightening credit. ....

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US Corporations Are Filing For Bankruptcy At The Fastest Pace Since 2010

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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Corporate America experiencing BANKRUPTCY BOOM as recession looms

Corporate bankruptcies are once again increasing after a two-year lull as pressures on the American economy continue to eat into the profit margins of large, medium and small businesses alike. [.] ....

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